American Can Company
The American Can Company was a manufacturer of tin cans. It was a member of the Tin Can Trust, that controlled a "large percentage of business in the United States in tin cans, containers, and packages of tin." [1] American Can Company ranked 90th among United States corporations in the value of World War II military production contracts.[2] It was formerly a member of the Dow Jones Industrial Average from 1959–1991, though after 1987 it had renamed itself Primerica, a financial conglomerate which had divested itself of its packaging arm in 1986.
Primerica, after it was merged with Sanford I. Weill's Commercial Credit Company would form the basis of what would become Citigroup.
The American Can Company had its headquarters in Manhattan, New York City until 1970, when it moved into a Greenwich, Connecticut facility, which had been developed on 150 acres (61 ha) of wooded land in the late 1960s. In the early 1980s American Can renamed itself and ended its operations in Greenwich.[3]
History
The American Can Company was incorporated in 1901.[4]
In 1985, Nelson Peltz's New York-based Triangle Industries bought the National Can Company for $460 million.
In 1986, it acquired Gerald Tsai's American Can Company for $570 million.
In 1987, the two companies were merged to form American National Can.
In 1988, Pechiney S.A., the state-owned French metal conglomerate, acquired Triangle Industries. At the time of the buyout, American Can was the largest can company in the United States.[5] Rexam acquired American National Can in 2000.
American Can was a company started by Irving Fein and it was originally called Fein Container Corp.
Facilities
- Cincinnati, Ohio
- Baltimore, Maryland
- Brisbane, California
- Chatham, Ontario
- Fair Lawn, New Jersey[6]
- Geneva, New York
- Hillside, New Jersey
- Edison, New Jersey
- Dayton, New Jersey
- Jersey City, New Jersey [7]
- Lemoyne, Pennsylvania
- Lubec, Maine [8][9]
- Milwaukee, Wisconsin
- Needham Heights, Massachusetts [10]
- Ogden, Utah
- Pevely, Missouri
- Philadelphia, Pennsylvania
- Portland, Maine [11]
- Portland, Oregon
- Richmond, Virginia
- Saint Louis, Missouri
- San Francisco, California
- Seattle, Washington
- Simcoe, Ontario
- Washington, New Jersey
- Sacramento, California
See also
- Richmond American Can Company Factory
References
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Peck, Merton J. & Scherer, Frederic M. The Weapons Acquisition Process: An Economic Analysis (1962) Harvard Business School p.619
- ↑ Lueck, Thomas J. "Vacated Corporate Headquarters Scatter the Suburban Landscape." The New York Times. December 7, 1992. A1, New York Edition. Retrieved on January 5, 2009.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ My father worked there as an electrical engineer and designer.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
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External links
- Historic American Engineering Record (HAER) No. MD-63, "American Can Company, Boston & Hudson Streets, Baltimore, Independent City, MD", 59 photos, 32 data pages, 10 photo caption pages
- HAER No. MI=340, "American Can Company, 1400 Trombly Avenue, Detroit, Wayne County, MI", 1 photo, 1 color transparency, 1 photo caption page
